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07 April 26 Press releases

Commentary | New Car Registrations March 2026

March’s figures underline a resilient and growing new car market, driven by improving affordability, availability and increased competition from new entrant brands. Consistent sales growth through the first quarter shows that strong offers are bringing buyers back into showrooms. That’s encouraging for the entire automotive ecosystem, as rising new car sales continue to also unlock supply that has constrained the used car market in recent years.

Key spokesperson

Ian Plummer

Chief Customer Officer

CONNECT

"While electric vehicles still account for fewer than one in four sales and remain below the ZEV mandate target, there are clear reasons for optimism. Interest has picked up sharply as fuel prices rise, with new EV enquiries on our platform surging between February and March — the equivalent of one every minute last month. If that online intent converts into sales, progress will follow.

“With a wave of new models, deeper discounts and lower running costs, more buyers are starting to see EVs as a way to take control of their energy costs.”

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